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- In 10 years, A wants simple interest to be of the amount.
Question 1:
In 10 years, A wants simple interest to be of the amount. So,what should be the rate percent per annum?
A. 5.66%
B. 5%
C. 4%
Feedback Let sum = x. Then, S.I. = 2x
5 , Time = 10 years.
Rate = (100 * 2x/x * 5 * 10)% = 4%
5 , Time = 10 years.
Rate = (100 * 2x/x * 5 * 10)% = 4%
D. 6%
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